Notes Payable (Tables)

3 Months Ended

Apr. 30, 2017

Debt Disclosure [Abstract]

Schedule of long-term debt

	April 30, 2017			April 30, 2016		January 31, 2017
Term loan	$	300,000		$	-	$	300,000
New revolving credit facility(1)		120,000			-		91,121
Note issued to LVMH		125,000			-		125,000
Subtotal		545,000			-		516,121
Less: Net debt issuance costs and debt discount(2)		(52,204	)		-		(54,365	)
Total	$	492,796		$	-	$	461,756

(1) There were no borrowings outstanding as of April 30, 2016 under the Company’s prior revolving credit agreement.

(2) This table does not include the debt issuance costs, net of amortization, totaling $11.3 million and $11.9 million as of April 30, 2017 and January 31, 2017, respectively, related to the new revolving credit facility. The debt issuance costs have been deferred and are presented as an asset as permitted under ASU 2015-15.